Consensys splits, making MetaMask an independent entity. Hunter Biden's LAPTOP meme coin crashes 99% after brief $1M airdrop value.
Consensys Software Inc. is splitting into two companies, with MetaMask becoming an independent entity under CEO Joe Lubin. The newly formed Consensys will take over the firm's Ethereum protocols and institutional blockchain infrastructure business. This separation is expected to be completed by the end of 2026.
The LAPTOP meme coin, launched on Base, experienced a 99% crash shortly after its debut, following an airdrop that briefly valued individual allocations at over $1 million. The project team attributed the rapid decline to sniper bots and thin liquidity, stating they plan to add pool incentives and expect early prediction-market burns to help cut supply.